Trump Media Denies $3 Billion Crypto Fundraising Plan

Donald Trump’s media company, Trump Media and Technology Group, has refuted a Financial Times report claiming it will raise $3 billion for cryptocurrency investments. The denial comes in response to the speculative claims regarding a significant crypto fundraising initiative. 2023’s market reaction was primarily driven by rumors, as confirmed on-chain transactions or blockchain activity remains sparse, and no regulatory filings or public disclosures support such large-scale investment plans.